Surplus ( ) , deficit ( ) .

The swing in Greece s fiscal position from a large primary deficit to a surplus was almost unprecedented, but the demand that the country achieve a primary surplus of 4.5 of GDP was unconscionable.

5 . Deficit ( ) or surplus ( ) 1A .

Deficit ( ) or surplus ( ) 2A .

Deficit ( ) or surplus ( ) 1A .

Deficit ( ) or surplus ( ) 1C .

Primary deficit ( ) or surplus ( ) 1A .

Maintaining a sufficient surplus until 2015 is a pillar of Sweden 's strategy to cope with the fiscal pressure emerging from demographic

When the difference between borrowing costs and growth becomes too large, the primary budget surpluses required to stop debt from increasing become impossible to achieve.

Such flexibility will be ensured by achieving a fiscal position close to balance or in surplus over the medium term .

Deficit ( ) or surplus ( ) of central government 1A .

Deficit ( ) or surplus ( ) of State government 1A .

Deficit ( ) or surplus ( ) of local government 1A .

6 is equal to deficit ( ) or surplus ( ) 1A .

2 is equal to deficit ( ) or surplus ( ) 2A .

8 is equal to deficit ( ) or surplus ( ) 1A .

9 is equal to deficit ( ) or surplus ( ) 1A .

39 is equal to deficit ( ) or surplus ( ) 1A .

Deficit ( ) or surplus ( ) of state government 1A .

12 is equal to deficit ( ) or surplus ( ) 1A .

In fact , there have been budget surpluses since 1998 .

In fact , there have been budget surpluses since 1998 .

Who gets to pocket this team surplus ?

Evolución de las finanzas públicas

fiscal policy

Fiscal consolidation.

Fiscal Year

Despite a large surplus in merchandise trade, the current account surplus is not so big due to a deficit in invisible trade.

Deficit ( ) or surplus ( ) of social security funds 1A .

40 , plus deficit ( ) or surplus ( ) of state government 1A .

41 , plus deficit ( ) or surplus ( ) of local government 1A .

This typically happens when the government runs a primary surplus.

Current fiscal year

The news from Greece these days has been dominated by the announcement that the government achieved a primary budget surplus (the fiscal balance minus debt service) in 2013.

General Council one of the decision making bodies of the ECB . It comprises the President and the Vice President of the ECB and the governors of all of the NCBs of the European System of Central Banks .

2. Notes that the Committee of Actuaries expressed the view that, based on the continuation of the surplus, a portion of the surplus disclosed in 2005 could be made available at the present time to improve benefits, but that prudence would dictate that most of the surplus should be retained

Overall , eleven Member States recorded current account surpluses .

China has run a capital account surplus for most of the last 30 years, and a trade surplus every year since 1993.

To avoid this outcome, Germany needs to adopt policies fiscal stimulus, higher spending on infrastructure and public investment, and more rapid wage growth that would boost domestic spending and reduce the country s external surplus.

Because individual eurozone members have no monetary policy tools at their disposal, the only way that Germany can reduce its surplus while remaining in the eurozone is to conduct expansionary fiscal policy.

Fiscal Closing Time?

Lessons from the Fiscal Cliff

Consider some fiscal arithmetic.

Tom is a tax consultant.

Last fiscal year